[May 21, 2013] PNC Financial Services Set to Possibly Pullback After Yesterday's Rally of 1.29% Tweet May 21, 2013 (SmarTrend(R) News Watch via COMTEX) -- PNC Financial Services (NYSE:PNC) traded in a range yesterday that spanned from a low of $71.18 to a high of $72.35. Yesterday, the shares gained 1.3%, which took the trading range above the 3-day high of $71.94 on volume of 3.2 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious. In the past 52 weeks, shares of PNC Financial Services have traded between a low of $53.36 and a high of $72.35 and are now at $72.20, which is 35% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.6%. SmarTrend recommended that subscribers consider buying shares of PNC Financial Services on March 7th, 2013 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $64.58. Since that recommendation, shares of PNC Financial Services have risen 10.4%. We continue to monitor PNC for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup [ Back To TMCnet.com's Homepage ]